This ink resins market report characterizes the market patterns and conjecture the up and coming openings and dangers of the ink sap market in the following 7 years. Ink gums perform different capacities, for example, scattering of the shade and counteractive action of its re-aggregation.
Pune, India -- (SBWIRE) -- 08/01/2018 -- The Global Ink Resins Market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The Global Ink Resins Market is expected to reach USD 5261.21 million by 2025, from USD 3152.34 million in 2017, growing at a CAGR of 7.1% during the forecast period of 2018 to 2025.
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The global ink resins market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of ink resins market for global, Europe, North America, Asia Pacific and South America.
Major Market Drivers and Restraints:
- Enhancement supply of raw materials for ink resins
- Increase of packaging and energy curable inks
- Long-term strategic partnerships of ink resin suppliers with ink manufacturers
- Environmental protection legislations
- Innovative ink resin technology
Restraints:
- Increase in price of ink resin feedstock
- Unbalanced geopolitical situation
- Growing consolidation among ink resin suppliers
- Switch from traditional to internet marketing
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Some of the major players operating in the global Ink Resins market are
- Lawter
- Harima Chemicals Inc. company
- BASF SE
- The Dow Chemical Company
Other Players Are Arizona Chemical Company, Arakawa Chemical Industries,Ltd, IGM Resins, Evonik Industries AG, DSM, Hydrite Chemical, and others.
Market Segmentation: Global Ink Resins Market
- The global ink resins market is segmented based on type, process, technology, application, and geographical segments.
- Based on type, the global ink resins market is segmented into modified rosin, hydrocarbon resins, modified cellulose, polyamide, polyurethane, acrylic. Acrylic is further sub segmented into paste inks, solvent-based ink, water based ink sand others
- On the basis of process, global ink resins market is segmented into lithography, gravure, flexography
- On the basis of technology, the global ink resins market is classified on oil-based inks, water-based inks, solvent-based inks, UV-cured inks.
- On the basis of application, the global ink resin is classified on printing & publication, corrugated cardboard & cartons, flexible packaging.
- Based on geography the global ink resins market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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